As an apartment building owner, does your insurance cover you from both risks of a natural disaster? See, a natural disaster can have perilous consequences for you--ruining both your property and your monthly income. You need adequate apartment owners insurance to ensure your financial survival.
As an Atlantic Canadian apartment owner both your property and your income are at risk. Because unlike a homeowner, if disaster strikes you will not only lose the value of your property but you may also potentially lose rental income due to repairs or permanent structure damage.
You're probably wondering how much this type of comprehensive coverage will cost? Surprisingly little.
Apartment owner insurance makes sense for anyone who owns an apartment building because it can cover major disasters, liability from lawsuits that can come from common property claims and also it can insure that your income will continue if disaster does strike.
You've worked hard to build your income renter by renter, don't let one event take it all away.
Here are two reasons to get started right now!